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Nov 30, 2012
11/12
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CURRENT
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that's why i was saying you know what, they might increase the rates because president obama has said it way too many times not to increase the rates at all, but although as we've sheen you, they've also hint haded they might lower rates. he's not going to go back up and take the bush tax cuts away. the final might be 37%. politico same reporting as the wall street journal on that. they say it might be about $1.2 trillion in tax increases. they say realistically it could be closer to a trillion dollars. that's similar to what we've been hearing. the democrats are supposed to have leverage, but looks like they'll get the same trillion dollars that president obama has always been asking for. finally, or two final notes on this we've got the $1.2 trillion in cuts that we might be getting. that's weird because it looked like the cuts were going to be much more than that. we'll see how that plays out. on medicaid, they say the floor is $400 billion. that's definitive. they are going to cut at least $400 billion from medicare, but it could be much, much higher. speaking of medicare, this is
that's why i was saying you know what, they might increase the rates because president obama has said it way too many times not to increase the rates at all, but although as we've sheen you, they've also hint haded they might lower rates. he's not going to go back up and take the bush tax cuts away. the final might be 37%. politico same reporting as the wall street journal on that. they say it might be about $1.2 trillion in tax increases. they say realistically it could be closer to a trillion...
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Dec 7, 2012
12/12
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KTVU
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concerns about the fiscal cliff are not hurting president obama's approval rating. it's now at 57%. that's the highest rating since may of 2011 when navy seals killed osama bin laden in a raid. 42% of americans say the country son the right track and majority think it's likely president obama will improve the economy. >>> oakland airport food service workers are threatening to strike during one of the busiest times of the year. union members picketed at the port of oakland yesterday on behalf of nonunion workers who say they have been mistreated for trying to organize. one woman complained she was fired for complaining about working conditions. >> who is going to support me? i have to pay more rent. i have to pay my food. >> union members want airport contractor to address nonunion workers complaints. they also want a new contract and want both by december 17th or they may go on strike. >>> 4:34 right now. bart is giving military veterans a leg up. the board of directors approved a new hiring policy yesterday. it gives veterans a 5% chance over other perspective workers. veterans mu
concerns about the fiscal cliff are not hurting president obama's approval rating. it's now at 57%. that's the highest rating since may of 2011 when navy seals killed osama bin laden in a raid. 42% of americans say the country son the right track and majority think it's likely president obama will improve the economy. >>> oakland airport food service workers are threatening to strike during one of the busiest times of the year. union members picketed at the port of oakland yesterday on...
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Dec 6, 2012
12/12
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FOXNEWSW
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are you saying, then, for pr purposes that they should give in to obama on the tax rate? >> not exactly. well, yeah, i guess i am. >> sean: you're saying to capitulate to obama? we don't have a revenue problem, ann. >> we lost the election, sean. >> sean: we won the election in the house, ann. the government stays the same. >> but again, it's going to be like in 1994 when oh, yea, republicans won the house was ad the senate and the government shut down. that hurts republicans. it hurt them a lot. >> sean: republicans run on the idea that they're going to be for limited government, less government spending, lower taxes. >> they will be. >> sean: well, if they're going to raise taxes and buy obama's argument and co-op his language, then we're -- >> they're not allowing taxes to be raised on 98% of america. >> sean: you sound like obama. >> no, i don't. i see what the media can do. when the media convinces a majority of americans who voted in november that the economy was george bush's fault, we can't just say give into. >> sean: you're saying give into what the media is say
are you saying, then, for pr purposes that they should give in to obama on the tax rate? >> not exactly. well, yeah, i guess i am. >> sean: you're saying to capitulate to obama? we don't have a revenue problem, ann. >> we lost the election, sean. >> sean: we won the election in the house, ann. the government stays the same. >> but again, it's going to be like in 1994 when oh, yea, republicans won the house was ad the senate and the government shut down. that hurts...
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Dec 7, 2012
12/12
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WUSA
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president obama visited a virginia family to move his cause. he maintained his hard line on tax increase. >> just to be clear i'm not going to sign any package that somehow prevents the top rates from going up for folks at the top 2%. but i do remain optimistic that we can get something done. >> congress and the president have until the end the year to avert automatic spending cuts and tax increase. take a quick break. when we come back on the morning news a preview of this morning's jobs report. what role did sandy play in hiring? ♪ [ male announcer ] with free package pickup from the u.s. postal service. visit usps.com. pay, print, and have it picked up for free before december 20h for delivery in time for the holidays. you can even give us special instructions on where to find it. free package pickup. from the u.s. postal service. because it's nice to have an extra pair of hands around for the holidays. because it's nice to have an extra pair of hands around ♪ ♪ there's no such thing whenas too soft. toilet paper, i know what i like. i
president obama visited a virginia family to move his cause. he maintained his hard line on tax increase. >> just to be clear i'm not going to sign any package that somehow prevents the top rates from going up for folks at the top 2%. but i do remain optimistic that we can get something done. >> congress and the president have until the end the year to avert automatic spending cuts and tax increase. take a quick break. when we come back on the morning news a preview of this...
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1.6K
Dec 1, 2012
12/12
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should the republicans let president obama own that? >> brian: unbelievably disappointed. you did not characterize, you must be on some level, bob, disappoint. the president is doing what he did for the four years. his way or the highway. this is the quote from the "washington post." offer lacked any concession for republicans at the core issue of where to set the tax rate. i thought this is going to be a debate between 35-3%. and as deal roll up sleeves. this offer is insulting. i am not going to deal with you. >> the top 2% since 1986. >> they can't say the republicans holding out on the top 2%. >> the republicans want spending cuts. republicans realize -- >> they offer, i think obama is offering $500 million -- [ overtalk ] >> dana: critical count -- >> eric: the democrats realize that they have to touch spending if they want the 2%. >> brian: i want the power to raise the debt ceiling without asking you. >> dana: triple count cuts that were made. to get credit. wants to get credit for cutting things that were already cut in the past. his budget could not get a single v
should the republicans let president obama own that? >> brian: unbelievably disappointed. you did not characterize, you must be on some level, bob, disappoint. the president is doing what he did for the four years. his way or the highway. this is the quote from the "washington post." offer lacked any concession for republicans at the core issue of where to set the tax rate. i thought this is going to be a debate between 35-3%. and as deal roll up sleeves. this offer is...
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it is the barack obama effect. only 150,000 a month the man is obsessed what did he say last week campaign, voting is the best revenge. now he is about to take it out on the one or 2%. that is all his focus. he is going around the country, hurricane sandy, rebuilding needs to be done. he is not paying attention to that and certainly not paying attention to jobs creation. instead he is on this vendetta. melissa: ian, at the same time you see companies out there, they're doing what they need to do. we saw ibm for example saying that when it comes to their 401(kk, instead of contributing every other pay period the way they have before they will wait until the very end of the year and do their matching then. almost an accounting trick. not really a trick. a way to do it differently they save a lot of money. they hang onto the money for entire year and earn interest on it. god forbid you leave the company and never see the money. for workers you don't earn on money all year long. not in your 401(k) growing. these are th
it is the barack obama effect. only 150,000 a month the man is obsessed what did he say last week campaign, voting is the best revenge. now he is about to take it out on the one or 2%. that is all his focus. he is going around the country, hurricane sandy, rebuilding needs to be done. he is not paying attention to that and certainly not paying attention to jobs creation. instead he is on this vendetta. melissa: ian, at the same time you see companies out there, they're doing what they need to...
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Dec 5, 2012
12/12
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MSNBCW
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yesterday obama also appeared to showroom for flexibility on actually relowering those tax rates in the future. >> i don't think that the issue right now has to do with sitting in a room. the issue right now that's relevant is the acknowledgement that if we're going to raise revenues that are sufficient to balance with the very tough cuts that we've already made and the further reforms and entitlements that i'm prepared to make, that we're going to have to see the rates on the top 2% go up. and we're not going to be able to get a deal without it. p what i've suggested is let's essentially put a down payment on taxes. let's let tax rates on the upper income folks go up. and then let's set up a process with a time certain at the end of 2013 or the fall of 2013 where we work on tax reform, we look at what loopholes and deductions both democrats and republicans are willing to close, and it's possible that we may be able to lower rates by broadening the base at that points. >> in the meantime, now the gop is fighting with itself. speaker boehner is facing growing backlash from the more conse
yesterday obama also appeared to showroom for flexibility on actually relowering those tax rates in the future. >> i don't think that the issue right now has to do with sitting in a room. the issue right now that's relevant is the acknowledgement that if we're going to raise revenues that are sufficient to balance with the very tough cuts that we've already made and the further reforms and entitlements that i'm prepared to make, that we're going to have to see the rates on the top 2% go...
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Dec 3, 2012
12/12
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it is a bailout we heard president obama talk about capping those interest rates that are going up. they have doubled in many circumstances. they could tax them. they could for give those interest rates all together or they have seen talked about for giving some of these students loans that exist out there today. because 93 percent of all student loans in the last year were issued by the government you are talking about taxpayers ofrnt hook for this. as it goes away we are all paying for it. this is a huge problem in this country nearly a trillion dollars in outstanding student debt right now. 956 billion on the table. >> so what is the solution? >> they certainly -- -- the president has talked about interest rates are a big problem right now. record survey shows more than 50 percent of 18 to 24-year-olds are moving into their parents when they grad kuwauate college. they have capped the interest rates for give them for a certain amount of time or forgive a certain amount of debt or back off at issuing the federal loans patti. let the loans go more private maybe then we won't have c
it is a bailout we heard president obama talk about capping those interest rates that are going up. they have doubled in many circumstances. they could tax them. they could for give those interest rates all together or they have seen talked about for giving some of these students loans that exist out there today. because 93 percent of all student loans in the last year were issued by the government you are talking about taxpayers ofrnt hook for this. as it goes away we are all paying for it....
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Dec 7, 2012
12/12
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KRON
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obamas approval rating stands at 57% rise as the raid that killed osama bin live in. 37 percent say obama have been average-- above average or outstanding of 36 percent say he's been below average. another 25 percent say is just average. >> more than 2000 people are expected at pearl harbor today to mark the 71st anniversary of the japanese attack that killed thousands of people and pull the u.s. and you--world war two. a moment of silence is planned for 755 local time today marking the moment the bombing began. the crew of a guided missile destroyer was banned on deck while the ship passes the uss arizona, a battleship that still lies in the harbor where it sank. hawaii national guard will fly overhead in missing man formation. the navy and national park service also hostess armani remembers of the 2390 service members and 49 civilians killed in the attack. the time is for 20 7:00 a.m. we will be back on the kron 4 news. a live look out sideshows' from this viewpoint no fog from here but janu is tracking fog in novato napa and in the north bay. santa rosa is thing fall. currently 40 degr
obamas approval rating stands at 57% rise as the raid that killed osama bin live in. 37 percent say obama have been average-- above average or outstanding of 36 percent say he's been below average. another 25 percent say is just average. >> more than 2000 people are expected at pearl harbor today to mark the 71st anniversary of the japanese attack that killed thousands of people and pull the u.s. and you--world war two. a moment of silence is planned for 755 local time today marking the...
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Dec 6, 2012
12/12
by
WBAL
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eye 88
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president obama held onto the top spot for the second straight year. the pope climbed two notches from last year and landed in fifth place. facebook ceo mark zuckerberg tumbled from the top ten all the way to number 25. former president bill clinton held on to last year's ranking at number 50. tonight on rock center watch brian williams sit down with apple ceo, tim cook, number 35 on the forbes list by the way. >>> finally, this is no joke. though it began as one on facebook, pizza hut in canada has sent more than 100 bottles of pizza scented perfume to facebook fans. the fragrance boasts top notes of freshly baked hand tossed dough. pepper reason ri? >> new york mayor cory booker lives on food stamps. >>> the nfl steps up with $1 million for jovan belcher's daughter. >>> high res images from space. it allows images of city lights, gas flares, aur rar ras, to be seen by the naked eye. >>> stories making news across america on this thursday. in washington state, a 35 year relationship was officially legitimized. as the clock struck 12:00 out west, they
president obama held onto the top spot for the second straight year. the pope climbed two notches from last year and landed in fifth place. facebook ceo mark zuckerberg tumbled from the top ten all the way to number 25. former president bill clinton held on to last year's ranking at number 50. tonight on rock center watch brian williams sit down with apple ceo, tim cook, number 35 on the forbes list by the way. >>> finally, this is no joke. though it began as one on facebook, pizza hut...
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Dec 5, 2012
12/12
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CURRENT
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year said we can get $1.2 trillion in revenue without raising rates. if the president thought that was the right thing to do last year of again getting additional revenue he said he wants to do, let's see where his numbers are and how he gets this $1.2 trillion. i think there is obviously room for negotiation and there is an opportunity to get this done but i think republicans put forth a very credible planned i think we need to see something in specificity from the president in writing as opposed to what he's doing saying raise -- >> jennifer: ron the republicans have not specified which loopholes to close. they haven't been specific. for the reason we've talked about. they're unpopular. it is upon the burden -- the burden is on the republicans to be specific about what they can have the votes for in terms of which loopholes to close. but ultimately, if they don't reach a deal as you know, the rates are going up and it will be resolved by january 3rd, i were deict because -- i predict because nobody will be able to stomach the rates going up. >> i thi
year said we can get $1.2 trillion in revenue without raising rates. if the president thought that was the right thing to do last year of again getting additional revenue he said he wants to do, let's see where his numbers are and how he gets this $1.2 trillion. i think there is obviously room for negotiation and there is an opportunity to get this done but i think republicans put forth a very credible planned i think we need to see something in specificity from the president in writing as...
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as you know, president obama insists there is no deal unless the gop agrees to raise rates on the top 2% of earners. the gop says that's a nonstarter. and the two men have not moved from that basic position. now, all of this comes at the same time treasury secretary geithner also said for the first time the administration would be willing to go over the fiscal cliff if the gop does not agree to raise those rates. this was treasury secretary geithner earlier today on cnbc. >> is the administration prepared to go over the fiscal cliff? >> oh, absolutely. there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest. remember, it's only 2%. all those americans, too, get a tax cut on the first $250,000 of their income. so, in some sense it's a tax cut for all americans. >> reporter: bottom line, anderson, we're talking today but we're still at stalemate. >> yeah, i mean, it's a sign, jessica and dana, of just how lack -- how little progress there's been that a phone call is big news between these two. dana, we're also hearing hints of some m
as you know, president obama insists there is no deal unless the gop agrees to raise rates on the top 2% of earners. the gop says that's a nonstarter. and the two men have not moved from that basic position. now, all of this comes at the same time treasury secretary geithner also said for the first time the administration would be willing to go over the fiscal cliff if the gop does not agree to raise those rates. this was treasury secretary geithner earlier today on cnbc. >> is the...
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Dec 7, 2012
12/12
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MSNBC
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. >> are you saying, then, for pr purposes, that they should give in to obama on the tax rate? >> not exactly. well, yeah, i guess i am, but -- >> you're saying capitulate to obama, who -- we don't have a revenue problem, ann. >> we lost the election, sean. >>> meanwhile, the house of representatives passed legislation yesterday removing the word lunatic from all federal laws. it's the latest move by congress to remove language seen as demeaning or out of date, like lunatic. >>> and in australia, prime minister julia gillard talked about the supposed prediction by the mayan calendar that the end of the world is coming in two weeks. well, she did it for a comedy video for a radio show. >> i'm confident in the prediction that the world is about to end. whether the final blow comes from flesh-eating zombies, demonic hill beasts or from the total triumph of cable, if you know one thing about me, it is this, i will always fight for you to the very end. and at least this means i won't have to do q&a again. good luck to you all. >> the dead-pan delivery, always important in comedy. th
. >> are you saying, then, for pr purposes, that they should give in to obama on the tax rate? >> not exactly. well, yeah, i guess i am, but -- >> you're saying capitulate to obama, who -- we don't have a revenue problem, ann. >> we lost the election, sean. >>> meanwhile, the house of representatives passed legislation yesterday removing the word lunatic from all federal laws. it's the latest move by congress to remove language seen as demeaning or out of date,...
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Dec 2, 2012
12/12
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FOXNEWSW
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kennedy when they went in and lowered tax rates and you increase revenues which is what we are talking about. >> did you feel like it was a bait and switch from president obama and what you heard about in the campaigns. light on the details . i heard from members of congress that that is not what you thought was going to happen. >> you are absolute low right. what you see happening right now, dana is the art of politics and verse us the science of good policy. we need to move away from campaign mode and stimulate economic growth and wealth expansion and not wealth distribution. when the president is focused on the wealth distribution politic which thomas jefferson and hamilton lincoln talked against we are headed on down the wrong path. more people are pushed to food stamps and more people pushed to poverty and unemployment situation is going to get worse. we have seen that recently with the weekly job claims numbers coming out. >> and one of the things that are part of the debate and since the carter administration is the need to reform entitlements and make social security is set on
kennedy when they went in and lowered tax rates and you increase revenues which is what we are talking about. >> did you feel like it was a bait and switch from president obama and what you heard about in the campaigns. light on the details . i heard from members of congress that that is not what you thought was going to happen. >> you are absolute low right. what you see happening right now, dana is the art of politics and verse us the science of good policy. we need to move away...
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Nov 30, 2012
11/12
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FOXNEWSW
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charles crowd hammer says president obama likes those tax rates so much let's let him live with them for everybody. >> what he will say is i wanted to do legislation to exempt the middle class, but the republicans wouldn't give me the bill. he is prepared, megyn, bluntly to sacrifice the interest of the larger whole to win a political fight. when i was working for clinton we did a deal with gingrich. there was never ever a sense that we would put politics ahead of getting a balanced budget. we got it, we won the election and this president is putting politics ahead of everything. megyn: if republicans give president obama the tax rates on the rich what do they have to negotiate with? why would they do it? >> i think president obama has the winning hand. >> he does. >> i'm not sure in the long term -- if there is a recession, either there won't be a recession or there will and the republicans will get the blame. that's and high wire act to do at this point. it's very risky from this kind of elect to take this. he could get 85% of what he wanted -- >> he's also gambling on one thing. t
charles crowd hammer says president obama likes those tax rates so much let's let him live with them for everybody. >> what he will say is i wanted to do legislation to exempt the middle class, but the republicans wouldn't give me the bill. he is prepared, megyn, bluntly to sacrifice the interest of the larger whole to win a political fight. when i was working for clinton we did a deal with gingrich. there was never ever a sense that we would put politics ahead of getting a balanced...
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185
Dec 7, 2012
12/12
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KRON
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. > a month after his election present obama has a sizable rating and more than a year. the poll finds the president's rating stands at 57 per cent the highest since may last year when navy seals killed outside a leader osama bin live in. applies more americans that the nation is headed in the right direction. 42 percent say the country is on the right track and a majority believe is likely president obama will improve the economy. however americans are divided on what a president he has been. but 37 percent think he's been above or above average or outstanding. 36 percent say below average or four. >> the us supreme court scheduled to meet behind closed doors again today to consider reviewing the legal issues regarding same-sex marriage. that includes a challenge to california's controversial controversy old proposition 8. if the court refuses to review the prop a case same-sex marriage could be legal in california as soon as next week. the court also the case on hold for you other decision on the lot. this isn't could come today or monday -- decision san jose firefight
. > a month after his election present obama has a sizable rating and more than a year. the poll finds the president's rating stands at 57 per cent the highest since may last year when navy seals killed outside a leader osama bin live in. applies more americans that the nation is headed in the right direction. 42 percent say the country is on the right track and a majority believe is likely president obama will improve the economy. however americans are divided on what a president he has...
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president obama is demanding that higher tax rates for the wealthy and a permanent extension of the debt ceiling, the government's ability to borrow money, be part of the deal. >> he's assuming unprecedented power to spend taxpayer dollars out any limit at all. >> reporter: republicans who say they're open to raising tax revenue say they will only do so in exchange for deep spending cuts. if washington can't strike a deal, one casualty will be compensation for the long-term unemployed. that means people like linda vega, are worried. >> christmas and things of that nature are probably off the table. >> reporter: aides to president obama and speaker boehner met yesterday afternoon. but that meeting ended with no discernible signs of progress. rob and paula? >> thanks, tahman. >>> once the numbers are all tallied, they're going to show that the 2012 presidential election was the most expensive in history. campaign finance statements put the total cost at well above $2 billion. virtually split down the middle between president obama and mitt romney. that includes nearly $86 million raised by
president obama is demanding that higher tax rates for the wealthy and a permanent extension of the debt ceiling, the government's ability to borrow money, be part of the deal. >> he's assuming unprecedented power to spend taxpayer dollars out any limit at all. >> reporter: republicans who say they're open to raising tax revenue say they will only do so in exchange for deep spending cuts. if washington can't strike a deal, one casualty will be compensation for the long-term...
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Dec 4, 2012
12/12
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FOXNEWSW
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obama wants to raise taxes on the wealthy. obama wants to eliminate deductions and close loopholes plus cut spending for entitlement programs. the president has said there can't be tax cuts for the rich at the expense of the domestic program which is frustrating for some republicans. >> this president, i think the president with president obama he's a small minded president in big times. he is talking about 35 verses 39.6 for people who make over a million dollars. that doesn't get us out of debt. >> both sides will be taking their plan to the public this week they will meet with governors for state business he's meeting with the governors today. john boehner will be with governors plus conduct rallies with small business owners. we don't know if these two sides are going to reach an agreement any time soon and the fiscal cliff is past approaching. >> thank you very much. we are going to keep with the fiscal cliff and take a look at who is talking. charles krauthammer weighing in on the negotiations. the approach on the presid
obama wants to raise taxes on the wealthy. obama wants to eliminate deductions and close loopholes plus cut spending for entitlement programs. the president has said there can't be tax cuts for the rich at the expense of the domestic program which is frustrating for some republicans. >> this president, i think the president with president obama he's a small minded president in big times. he is talking about 35 verses 39.6 for people who make over a million dollars. that doesn't get us out...
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Dec 7, 2012
12/12
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MSNBCW
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his approval ratings have soared since the storm. he was lobbying obama for more federal aid for victims. he stopped by "the daily show" to talk about why he shifted from criticizing the president's leadership before the storm to praising it right before the election. >> it tells me people have different skill sets at different times. that's what it tells me. >> so he wasn't a leader until you needed leadership? >> maybe until he was presented with a stark opportunity to lead. >> with thousands protesting inside and outside the capitol, the republican controlled state legislature in michigan voted right to work legislation. it prohibits unions from collecting fees. critics say the move only applies to the private sector will weaken bargaining power for unions,s supporting including reich sni rick snyder says it will make them more competitive. the home, if you will, the unofficial home, of the labor movement, is now a right-to-work state. that's going to make for an interesting 2014 state campaign there. >>> the final race of 20912 e
his approval ratings have soared since the storm. he was lobbying obama for more federal aid for victims. he stopped by "the daily show" to talk about why he shifted from criticizing the president's leadership before the storm to praising it right before the election. >> it tells me people have different skill sets at different times. that's what it tells me. >> so he wasn't a leader until you needed leadership? >> maybe until he was presented with a stark...
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Dec 4, 2012
12/12
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MSNBCW
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raising rates. as he said today and prior to today, the math doesn't add up if you simply close loopholes, cap deductions, do those sorts of things. we're sort of where we always have been. it's where we have been for several years at least when it relates to congress and the president simply not being able to resolve what are fundamental differences. we talked about this before the election, andrea. the election was supposed to tell us something about what the american public wanted. president obama did win the election. you know, an event has happened as part of the many months where the public comes down on this. >> luke russert, john boehner did yesterday come out with their proposal, the house proposal. is that a nonstarter or move the ball a little bit? >> i would say it's a nonstarter for the white house, but it moves the ball a little bit in the sense it gives us an idea of what the house gop conference would be willing to accept and that is really to put it in place, caps, specific numbers,
raising rates. as he said today and prior to today, the math doesn't add up if you simply close loopholes, cap deductions, do those sorts of things. we're sort of where we always have been. it's where we have been for several years at least when it relates to congress and the president simply not being able to resolve what are fundamental differences. we talked about this before the election, andrea. the election was supposed to tell us something about what the american public wanted. president...
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Dec 5, 2012
12/12
by
CURRENT
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the obamas put together a plan. if you jack up the rates on the top earners you'll get more money, and more money will be withheld from their salaries and they'll owe more at the end of the year. by contrast if you talk about ways of eliminating deductions without saying which ones they are, that doesn't get you far. that's been in the conversation for the la many years in washington. >> jennifer: carrie, you talked about a compromise. in a way to give the republicans a way of saving face, they might put forth a bill that the republicans vote present on. how likely is that? >> we did see that report yesterday, i think the speaker boehner really refuted that or. i think the plan at some point but it's not the plan now. a lot of these stories, they will be corrected at some point in time, and we may get to that point defending how things play out over the next two weeks. it really is, as we look at december 17th, which is two weeks from yesterday and it's a week before christmas and there's nothing happening we could
the obamas put together a plan. if you jack up the rates on the top earners you'll get more money, and more money will be withheld from their salaries and they'll owe more at the end of the year. by contrast if you talk about ways of eliminating deductions without saying which ones they are, that doesn't get you far. that's been in the conversation for the la many years in washington. >> jennifer: carrie, you talked about a compromise. in a way to give the republicans a way of saving...
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of one of the ways to fix the fiscal cliff had to be to put new revenues and raise the tax rates of the wealthiest americans. [ ♪ music ♪ ] >> cenk: so taking this case to the american people fighting strong, making his own case which he we've been asking him to do for four straight years. my reaction was this. >> flabbergasted. [ laughing ] >> cenk: what's your reaction. >> slightly flabbergasted because this is not how the president has worked before. he ran with a grassroots in 2008. we tried to recreate that, talked about the ground game in the campaign in 2012. he's taking a grassroots campaign to politics, which is what progressives have been begging him to do now for a while. it seems to be working. all the hash tags and all the my 2 k has tags has gotten up to 13,000 tweets per hour. not every one of them is, hey great idea, mr. president. a lot of them are coming from people who are conservatives saying whatever it is that they're saying. the point is he's in touch with the people. he's not living in a cocoon like he did in the first term. >> cenk: when they ask how wou
of one of the ways to fix the fiscal cliff had to be to put new revenues and raise the tax rates of the wealthiest americans. [ ♪ music ♪ ] >> cenk: so taking this case to the american people fighting strong, making his own case which he we've been asking him to do for four straight years. my reaction was this. >> flabbergasted. [ laughing ] >> cenk: what's your reaction. >> slightly flabbergasted because this is not how the president has worked before. he ran with a...
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Nov 29, 2012
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on changing tax rates and spending reductions but the negotiations are moving very, very slowly. susan mcginnis is in washington with the latest. susan, good morning to you. >> reporter: good morning. the president is sending his top two negotiators to talk with lawmakers today about possible spending cuts. he's also getting ready to take his fiscal cliff message on the road. he'll try to convince the american people the best way to avoid the fiscal cliff is to extend the bush era tax cuts for the middle class. >> it's too important for washington to screw this up. >> reporter: president obama is putting pressure on congressional republicans and he's enlisting middle class americans in getting the gop to take action on taxes. >> when the american people speak loudly enough, lo and behold congress listens. >> reporter: tomorrow he'll host a campaign style event where he calls on lawmakers to extend the tax rates on families making less than $250,000 a year. once that's done they can work on other details such as spending cuts and changes to the tax code, medicare and medicaid. >>
on changing tax rates and spending reductions but the negotiations are moving very, very slowly. susan mcginnis is in washington with the latest. susan, good morning to you. >> reporter: good morning. the president is sending his top two negotiators to talk with lawmakers today about possible spending cuts. he's also getting ready to take his fiscal cliff message on the road. he'll try to convince the american people the best way to avoid the fiscal cliff is to extend the bush era tax...
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Dec 3, 2012
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to go up for the wealthiest. >> reporter: gop lawmakers don't want higher rates and say the obama administration's proposed cuts to entitlements don't go far enough. >> i think we're going over the cliff. it's pretty clear to me they have made a political calculation. this offer doesn't remotely deal with entitlement reform in a way to save medicare and medicaid and social security from bankruptcy. >> reporter: if a deal is not reached, taxes go up and spending will be clashed. defense contractors are sending the message to lawmakers those cuts would damage the military industry and weaken national security. the ceo of task, a company that develops aviation systems and software for intelligence agencies: >> over 50% of the defense budget is procuring services and services are underscored by jobs. so of course there will be job loss if you have cuts. >> reporter: the cliff hits at the end of the year. but congressional leaders say a compromise needs to be figured out in the next couple of weeks so lawmakers have enough time to debate and pass it. in washington, danielle nottingham, cbs 5. >>> so if
to go up for the wealthiest. >> reporter: gop lawmakers don't want higher rates and say the obama administration's proposed cuts to entitlements don't go far enough. >> i think we're going over the cliff. it's pretty clear to me they have made a political calculation. this offer doesn't remotely deal with entitlement reform in a way to save medicare and medicaid and social security from bankruptcy. >> reporter: if a deal is not reached, taxes go up and spending will be...
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but he also again insisted there would be no deal unless tax rates went up on the wealthy. >> the closer it gets to the brink, the more stressed we're going to be. >> woodruff: president obama made the short trip to northern virginia today to underline his plan to avert the fiscal cliff. at the home of what the white house called a typical middle class family, mr. obama said he's optimistic that agreement can be reached, but again drew a hard line for republicans in congress. >> everybody's is going to have to share in some sacrifice. but it starts with folks who are in the best position to sacrifice. who are in the best position to step up . just to be clear i'm not going to sign any package that somehow prevents the top rate from going up, the top 2% from going up. >> woodruff: the president phoned house speaker john boehner yesterday, their first direct talk in almost a week. but today white house spokesman jay carney wouldn't share details of the call. >> we believe it's in the interest of achieving an agreement not to do that. >> reporter: treasury secretary timothy geithner said ye
but he also again insisted there would be no deal unless tax rates went up on the wealthy. >> the closer it gets to the brink, the more stressed we're going to be. >> woodruff: president obama made the short trip to northern virginia today to underline his plan to avert the fiscal cliff. at the home of what the white house called a typical middle class family, mr. obama said he's optimistic that agreement can be reached, but again drew a hard line for republicans in congress....
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Dec 7, 2012
12/12
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obama wants to raise the top rates for political reasons. now that is he wants to force republicans to raise tacks in order to trigger a civil war within the gop and the conservative movement, and in that respect sadly obama is having some success. now so long as this debate is focused not on cutting spending but on raising daxs and revenues with the only question being which taxes, how much revenue, then obama wins. now if obama succeeds in making the argument not about his spending, but about grover norquist, he wins there, too. for republicans, on the other hand, if they can figure out a way to refocus the debate on spending, they win and the country wins. we can't kid ourselves that's correct is not easy to do. obama has the biggest microphone in the land and he also has the media in his hip pocket. all the gop has is control of the house. now it's very hard, it's inherently hard for any brin. of congress to present a unified disciplined front. no the policy show the public will blame the gop if we go over the fiscal cliff. if that's the
obama wants to raise the top rates for political reasons. now that is he wants to force republicans to raise tacks in order to trigger a civil war within the gop and the conservative movement, and in that respect sadly obama is having some success. now so long as this debate is focused not on cutting spending but on raising daxs and revenues with the only question being which taxes, how much revenue, then obama wins. now if obama succeeds in making the argument not about his spending, but about...
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president obama spent his afternoon in northern virginia again pushing his case for raising taxes on families earning more than $250,000 a year. >> i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%, but i do remain optimistic that we can get something done that is good for families like this one and that is good for the american economy. >> so i think it's safe to say at this point that the president actually isn't interested in a balanced agreement, he's not particularly interested in avoiding the fiscal cliff, and he's clearly not interested at all in cutting any spending. >> reporter: while democrats and republicans debate the size and specifics on tax increases, the two sides also remain apart on spending cuts, reforming entitlement programs like medicare and on the president's request to have greater power to raise the country's debt limit. but the news coming out of this one, "wall street journal" headlines saying that staff members from the president's team and from speaker boehner's team are genre assuming talks. we con
president obama spent his afternoon in northern virginia again pushing his case for raising taxes on families earning more than $250,000 a year. >> i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%, but i do remain optimistic that we can get something done that is good for families like this one and that is good for the american economy. >> so i think it's safe to say at this point that the president actually isn't interested...
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Nov 30, 2012
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now, the craziness of the situation is president obama campaigned on raising taxes, a tax rate for the highest earners, and he could win on that right now. it is clear the republicans will cave. the republican nightmare is there is a stand off they go over the fiscal cliff, after all the tax rates go up and the president, of course, proposals to lowerren's -- lower everyone's taxes but the highest and if the republicans resist he will say the republicans are talking you from getting a middle-class tax cuts because they want to recollect their millionaire friends. if republicans are going to agree to higher tax rates for the highest bracket, do it quickly, and, then, president obama would be the one who is refusing it because he is throwing in all sorts of extra things like total executive branch control of the debt limit. >>neil: who came up with the $50 billion in new surplus spending in the middle of this? come on! >>guest: the question, it is an interesting offer, kind of an office that the president gave yesterday which was call it disrespectful, a disrespectful offer and the quest
now, the craziness of the situation is president obama campaigned on raising taxes, a tax rate for the highest earners, and he could win on that right now. it is clear the republicans will cave. the republican nightmare is there is a stand off they go over the fiscal cliff, after all the tax rates go up and the president, of course, proposals to lowerren's -- lower everyone's taxes but the highest and if the republicans resist he will say the republicans are talking you from getting a...
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president obama says no i need rates to go up on the rich. now he's saying rates have to go up. they have to go up on the rich. but then we can talk about lower them again next year. we'll chat. we'll have more time then we can discuss the loopholes abductional earn tough deductions to rates. >> we are 400 days away from the first primaries of the 2014 elect cycle. every day we get closer to those primaries the likelihood of a big deal, something large taking place gets less. so the president is saying there, never minds. what he's saying there -- he knows the political reality of this, having suffered the worst mid-term defeat of any president in 60 years. he knows what happens in mid-term elections. what he's saying is give me what i want now and i'll talk about it later but i'll talk about it at a time when it is next to impossible politically for either party to do anything that doesn't absolutely throw their respective bases. megyn: you had a power play piece yesterday that was all about how the president in your view is intent here not so much on winning these negotiations
president obama says no i need rates to go up on the rich. now he's saying rates have to go up. they have to go up on the rich. but then we can talk about lower them again next year. we'll chat. we'll have more time then we can discuss the loopholes abductional earn tough deductions to rates. >> we are 400 days away from the first primaries of the 2014 elect cycle. every day we get closer to those primaries the likelihood of a big deal, something large taking place gets less. so the...
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you are saying then for pr purposes, they should give into obama on the tax rate. >> not exactly. well, yeah, i guess i am -- >> you're saying obama, who is -- we don't have a revenue problem, ann. >> we lost the election, sean. gerri: what do you think of this? as a strategy, maybe it's the right thing? acknowledge that the american people voted for the president, put him back in office. it's all on you. >> well, it's simple, i think. republicans are cognizant of what the people said. the plan they put out raises revenue on rich people. they are asking for the president to give a response including both tax proposals and the spending proposals that are necessary to make the plan be balanced, and they'll negotiate from there, from the second day after the election, speaker boehner said we hear the american people, they want washington to work, that means compromise, leadership, but, you know, we're not seeing all the pieces yet. gerri: what do you think of the idea of saying, okay, democrats, it's on you. you want to raise taxes? you want to flirt with putting the economy into rec
you are saying then for pr purposes, they should give into obama on the tax rate. >> not exactly. well, yeah, i guess i am -- >> you're saying obama, who is -- we don't have a revenue problem, ann. >> we lost the election, sean. gerri: what do you think of this? as a strategy, maybe it's the right thing? acknowledge that the american people voted for the president, put him back in office. it's all on you. >> well, it's simple, i think. republicans are cognizant of what...
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obama and the democrats generally benefit from that calculation. heather: so not quite as good as it seems. >> it's not quite as good as it seems, but there is a recovery. however, they did revise the number of new jobs for the previous two months, so that's not quite as much of a recovery. i think we can say it's an anemic recovery. heather: were you surprised that sandy didn't have more of an impact after causing $60 billion in damages? >> i'm not surprised at all. the typical pattern is when you have a natural disaster like that, whatever you lose in the way of jobs you gain back and then some in the rebuilding jobs. heather: okay. tax hikes in january, can this economy handle it based on this report? >> we're going to have taxes which will be roughly the same under bill clinton, we did fine in that, we'll do fine. what i'm worried about is the defense cuts. they're really serious. but we'll get by with a few months of higher taxes until the democrats and republicans start playing nice with each other. but the fiscal cliff, i think, is very over
obama and the democrats generally benefit from that calculation. heather: so not quite as good as it seems. >> it's not quite as good as it seems, but there is a recovery. however, they did revise the number of new jobs for the previous two months, so that's not quite as much of a recovery. i think we can say it's an anemic recovery. heather: were you surprised that sandy didn't have more of an impact after causing $60 billion in damages? >> i'm not surprised at all. the typical...
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is it mentioned that is a haunted the president obama? anyway, the tenth highest unemployment rate in the country. for stub's illnois a death spiral state because for every hundred private-sector workers in illinois there are 103 depending upon those ivate-sector workers new york, aiming at the sixth worst death spiral state because for every 100 private-sector jobs in new york there are 107 who depend on the private sector for their -- well, their sustence. a per capita debt of nearl $6,700. $6,700 just for the state of new york. the six highest in the country. we have people worg about the fiscal cliff which is worth worrying about. some of these states have gotten a massive problems. these three among them. unemployment is new york is over 8%. twenty-fourth highest and 16%, 16 percent live below the poverty line. the 22nd hight telling you how much trouble some of these states are in. all three of the states, by the way, have democratic governors and democratic lead and controlled legislature's. to you suppose that is a coincidence? re
is it mentioned that is a haunted the president obama? anyway, the tenth highest unemployment rate in the country. for stub's illnois a death spiral state because for every hundred private-sector workers in illinois there are 103 depending upon those ivate-sector workers new york, aiming at the sixth worst death spiral state because for every 100 private-sector jobs in new york there are 107 who depend on the private sector for their -- well, their sustence. a per capita debt of nearl $6,700....